common law assignment

An assignment for the benefit of creditors made under the common law, rather than by statute. [Cases: Debtor and Creditor 1. C.J.S. Assignments for Benefit of Creditors §§ 2, 4; Creditor and Debtor §§ 2–3.]

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词条贡献者

译者Jason，毕业于世界顶级翻译学院，擅长翻译各种与税务信贷融资及社区发展相关的法律文件。